Virginia Retirement Systems ET AL boosted its position in Post Holdings Inc. (NYSE:POST) by 7.9% during the third quarter, Holdings Channel reports. The firm owned 4,100 shares of the company’s stock after buying an additional 300 shares during the period. Virginia Retirement Systems ET AL’s holdings in Post Holdings were worth $316,000 as of its most recent SEC filing.
Other institutional investors have also recently modified their holdings of the company. Nuveen Asset Management LLC increased its position in shares of Post Holdings by 1.7% in the first quarter. Nuveen Asset Management LLC now owns 29,081 shares of the company’s stock worth $2,000,000 after buying an additional 493 shares during the period. Adage Capital Partners GP L.L.C. purchased a new position in shares of Post Holdings during the first quarter worth approximately $5,502,000. Metropolitan Life Insurance Co. NY increased its position in shares of Post Holdings by 3.5% in the first quarter. Metropolitan Life Insurance Co. NY now owns 100,140 shares of the company’s stock worth $6,887,000 after buying an additional 3,355 shares during the period. Barclays PLC increased its position in shares of Post Holdings by 32.6% in the first quarter. Barclays PLC now owns 22,117 shares of the company’s stock worth $1,504,000 after buying an additional 5,438 shares during the period. Finally, Arizona State Retirement System increased its position in shares of Post Holdings by 9.0% in the first quarter. Arizona State Retirement System now owns 35,125 shares of the company’s stock worth $2,416,000 after buying an additional 2,900 shares during the period.
Post Holdings Inc. (NYSE:POST) traded up 1.82% during midday trading on Friday, hitting $75.57. 567,866 shares of the stock were exchanged. Post Holdings Inc. has a 12-month low of $50.93 and a 12-month high of $89.00. The firm has a 50 day moving average of $76.39 and a 200-day moving average of $79.78. The stock’s market cap is $4.90 billion.
Post Holdings (NYSE:POST) last announced its quarterly earnings results on Thursday, November 17th. The company reported $0.61 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.44 by $0.17. The business earned $1.26 billion during the quarter. Post Holdings had a negative net margin of 0.07% and a positive return on equity of 6.92%. The business’s revenue for the quarter was down 3.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.06 EPS. On average, equities analysts expect that Post Holdings Inc. will post $2.63 earnings per share for the current year.
A number of equities analysts have commented on POST shares. Zacks Investment Research raised shares of Post Holdings from a “hold” rating to a “buy” rating and set a $97.00 target price on the stock in a research note on Saturday, July 30th. BMO Capital Markets reaffirmed an “outperform” rating and set a $90.00 target price on shares of Post Holdings in a research note on Wednesday, August 10th. TheStreet downgraded shares of Post Holdings from a “buy” rating to a “hold” rating in a research note on Thursday, November 17th. Finally, Stifel Nicolaus reduced their target price on shares of Post Holdings from $95.00 to $85.00 and set a “buy” rating on the stock in a research note on Monday, November 21st. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Post Holdings presently has an average rating of “Buy” and a consensus target price of $86.00.
In related news, Director William P. Stiritz purchased 120,000 shares of the business’s stock in a transaction dated Monday, November 21st. The stock was acquired at an average price of $75.48 per share, for a total transaction of $9,057,600.00. Following the acquisition, the director now directly owns 1,381,996 shares of the company’s stock, valued at approximately $104,313,058.08. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.10% of the stock is currently owned by insiders.
Post Holdings Company Profile
Post Holdings, Inc is a consumer packaged goods holding company. The Company operates through four segments, namely, Post Consumer Brands, Michael Foods Group, Active Nutrition and Private Brands. The Company’s Post Consumer Brands segment includes the Post Foods branded ready-to-eat cereal operations and the business of MOM Brands.